On January 12, 2026, Gleb Kurovskiy analyzed why hundreds of stablecoins coexist despite sharing the same $1 on-chain goal. He argues they represent different trade-offs across peg stability, decentralization and scalability, with fiat-backed, crypto-collateralized and algorithmic designs each optimizing for different risks and use cases. As stablecoins grow toward systemic scale, their liquidity management, reserve composition and integration with traditional finance could reshape how digital dollars move and where financial fragility emerges.

On Monday, Jan. 12, XRP slipped despite bullish on-chain signals. Exchange reserves fell about 0.44% in the prior 24 hours, and roughly 2,692,600,000 XRP sat on Binance as millions moved off the platform. Trading volume surged 205.8%, while price was down 1.63%, pointing to resilient buying interest.

On 12 January 2026 at 22:25, BitMine Immersion reported holding more than 4.16 million ETH, a stake valued at roughly $13 billion. The company also disclosed over 1.25 million ETH staked, with total crypto and cash nearing $14 billion. According to its latest update, steady weekly purchases have expanded its presence across Ethereum's validator ecosystem.

Dogecoin has risen about 17% from its December 31 low, with analyst Cantonese Cat highlighting a clear shift in how the coin trades around its daily Bollinger Bands. Price has moved from persistent pressure near the lower band to the upper half of the range, with DOGE recently closing around $0.1405 above a 20‑day basis near $0.1348. On higher timeframes, the analyst frames the structure as a Wave 2 correction between Fibonacci levels at roughly $0.1177 and $0.1542, with multiple upside extensions mapped out. The key near term focus is whether DOGE can hold above the daily basis line and eventually clear the upper band region near $0.1564 while trading around $0.13674 at press time.

BitGo Holdings Inc., a crypto custody provider, has filed for an IPO on the NYSE under the ticker BTGO, aiming to raise up to $201 million. The company plans to offer roughly 11.8 million Class A shares in a price range of $15 to $17, with Goldman Sachs and Citigroup leading the underwriting. This move marks the first major crypto-related IPO since a major market adjustment in late 2025 and could reinforce BitGo's position in the regulated U.S. digital asset sector.

BitGo filed updated IPO documents with the U.S. SEC, advancing its plan to list on the New York Stock Exchange under the ticker BTGO. According to the filing, it will offer 11 million new Class A shares and 821,595 from existing holders at $15–$17, potentially raising up to $201 million and implying a roughly $1.96 billion valuation. The company first filed confidentially in September 2025.

Dormant Bitcoin moved on-chain, with OG whale spent value hitting about $286 million on Jan. 10, the largest revival since Nov. 3, 2025. Long-term holder distribution has cooled and accumulator wallets added nearly 136,000 BTC in 11 days, supporting momentum even as near-term volatility could test the $86,000–$87,000 zone before a $100,000 push.

On 9 January, Ripple filed a policy letter with the U.S. SEC's Crypto Task Force proposing a "promise-based" framework. It argues tokens like XRP should fall outside securities law once original fundraising obligations end, as Congress advances market-structure rules and the SEC begins rulemaking through its new crypto unit.